Multi-Market Antitrust Economics

1. Front Matter

   Pages i-xxiii

   PDF

2. Classical Antitrust Economics

   1. Front Matter

      Pages 1-1

      PDF

   2. Antitrust Law

      • Scott Gilbert

      Pages 3-13

   3. Pure Monopoly Model

      • Scott Gilbert

      Pages 15-33

3. Multi-Market Antitrust Economics

   1. Front Matter

      Pages 35-35

      PDF

   2. Monopoly Spillover Effects

      • Scott Gilbert

      Pages 37-49

   3. Mergers

      • Scott Gilbert

      Pages 51-80

4. Antitrust and Allied Economic Fields

   1. Front Matter

      Pages 81-81

      PDF

   2. International Trade

      • Scott Gilbert

      Pages 83-111

   3. Natural Monopoly

      • Scott Gilbert

      Pages 113-129

5. Back Matter

   Pages 131-136

   PDF

Antitrust economics is a field that draws extensively on the economic theory of industrial organization, and the field's frontier is at the cutting edge of economic research. This book bridges the gap between introductory texts and advanced research volumes by presenting select themes in antitrust economics and modeling. All from a neoclassical perspective, the author begins by discussing classic monopoly, continues to add more markets to the mix—via spillover effects and horizontal/vertical mergers—and then explores logical ties to international trade and regulated industries. While brief and selective, the method provides a basic analytical reference point for approaching special antitrust topics not covered here, such as tying, bundling, and exclusive dealing.  Such analytics are sometimes likened to a rational defense of monopoly and related anti-competitive behavior, but are essential to explicating antitrust economics from a mainstream Western economic vantage.

• behaviour
• anti-competitive behaviour
• capitalism
• regulation
• elasticity
• cost and profit
• double market uncertainty
• monopolies
• anti-monopoly regulation

• Southern Illinois University, Carbondale, USA

  Scott Gilbert

Scott Gilbert is Associate Professor and Director of Undergraduate Studies at Southern Illinois University, Carbondale, USA. He is the author of Business Liability and Economic Damages, Vice President of the National Association of Forensic Economics, and Board Member of the American Academy of Economic and Financial Experts.

Policies and ethics